St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-04

Inc market has not developed any
specially new feature during the past
week. The failure of the Cable Line
company to put on any large force, OR
; to dc. anything else indicating an inten-
ton to complete the cable line during
and general disgust on the part of resi-
dents on the hill. The power building
on Selby avenue has the foundation in,
but there are no bricks or other mate
rial for completing the structure on the
ground. The same inactivity prevails
that has characterized the management
OF this enterprise from its inception.
~
The discussion of park location OPP
posite the mouth Of Minnehaha creek
and across the river from the site of the
Soldiers home, has created considerable
interest in that part of the city. Citi-
Zens generally approve of and strongly
favor the securing of suitable tract of
rapid development in what was Re-
source township.
The negotiations of various manufac-
turers still continues with the syndi-
Gates at North st. Paul, in South ST.
Paul and in st. Paul Park and other
suburbs where so much effort has been
made to secure enterprises of this char
acter to locate. 1t is believed that a
number of other factories can be Sc
cured before winter closes the building
season OF the present year.
Dwelling houses are still in very
urgent demand and many persons are
compelled to leave the city each week
disguised because they can not find
suitable houses for their accommoda-
ton. The great misfortune about this
house scarcity is that there seems to be
no remedy for the calamity, for it is a
calamity to the city, and very great
one. No matter what some person in
st. Paul may think, or wish, or hope.
The sturdy, unyielding fact is that men
of means will not put their money into
cheap houses. They think they can
put it where it will make more money
for them in less time:
The st. Paul Real Estate board has
completed negotiations with the stock
exchange, and removed their headquar-
tiers to the stock exchange rooms on
Fifth street, between Robert and Jack
son, where it is proposed hereafter to
hold daily sessions and infuSe new life
and vigOr into this worthy enterprise.
The fifty members that have heretofore
constituted the real estate board are
quite decidedly in favor of charging
the membership and securing all the
worthy real estate agents as members
who wish to enter the association. The
organization has been fruitful of consid-
cradle good to the city. and has been
{ profitable to those who have been con-
nected with the board. 1t was thought
by removing to this room it would be a
little more central for the members, and
: would make business more lively and
interesting for those connected with the
corporation. 1t has heretofore had it's
headquarters in the large room on the
: ground floor of Union block, owned by
Col. j. III. Davidson, but with the
changes he is making in his block he
desires to occupy the room for other
: purposes, and it will be remodeled for
offices.
! The fact that work has been COM
menced on the $500" road out just be-
:yond Rice street, and that the grades
are working down towards the city, has
caused renewed inquiry for property all
along the line of that street on both
sides. That section of the city has for
years been neglected, and the conse-
quence is that property all through the
Auerbach d Hand addition has been
held at a very low price for long time,
and even at the present time it is
cheaper than Dayton'S Bluff property.